When is the supply curve likely to shift outwards?
A) If productivity falls.
B) If wage costs fall.
C) If the number of producers decreases.
D) If energy prices increase.
Correct Answer:
Verified
Q1: A supply curve shows how much producers
Q3: A change in quantity supplied occurs with
Q4: An improvement in the methods of production
Q5: An increase in raw material prices with
Q6: If the quantity demanded is greater than
Q7: If the quantity demanded is less than
Q8: A shift in demand is likely to
Q9: An increase in demand has more effect
Q10: In the free market the price is
Q11: A maximum price set above the equilibrium
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